Following on the heels of my last post, introducing David Archibald's latest book Twilight of Abundance - why life in the 21st century will be nasty, brutish and short, I was reminded of Peter Diamandis' Abundance - the Future is better than you think, which I posted in May 2012 at http://cleanenergypundit.blogspot.co.uk/2012/05/if-you-are-at-all-interested-in-energy.html, with its video link https://www.youtube.com/watch?v=g1NJ9Vv-Y6Q&feature=plcp ,
- The cost of solar panels is dropping exponentially.
- Energy Storage Mechanisms Are Improving Rapidly
- Electric Vehicles (EVs)
- 6 D's: Tying It All Together
- Digitized: How we manufacture, measure, and control solar electricity has become digitized, and therefore hopped on an exponential growth path.
- Deceptive: Today we are in the deceptive phase of solar growth. Remember, a 30% increase per year means we are only 7 doublings, or 21 years, away from a 128-fold increase.
- Disruptive: With 5,000 times more solar hitting the Earth's surface in a year than humanity uses today, solar has plenty of 'head-room' for growth. The UBS study said it well: "Our view is that the 'we have done it like this for a century' value chain in developed electricity markets will be turned upside down within the next 10-20 years, driven by solar and batteries."
- Dematerialized: a distributed, pervasive solar grid will create a far more robust and capable energy grid. Again, from the UBS report, "(Today's) large-scale power generation, will be the dinosaur of the future energy system: Too big, too inflexible, not even relevant for backup power in the long run".
- Demonetized: Ultimately, energy from the Sun is free. Better yet, the poorest countries in the world are also the sunniest. Imagine a world where there is a squanderable amount of cheap and clean energy?
- Democratized: As said above, solar scales globally, available to everyone, even in the poorest countries in the world.
- It's Time to Join the Revolution